Nov. Retail Sales: +0.2% vs. +0.5% expected, +0.6% (revised) prior. Ex-auto +0.2% vs. +0.3%...


Nov. Retail Sales: +0.2% vs. +0.5% expected, +0.6% (revised) prior. Ex-auto +0.2% vs. +0.3% expected, +0.6% prior.
Comments (4)
  • Conventional Wisdumb
    , contributor
    Comments (1800) | Send Message
     
    I'm confused. I thought Cyber Monday and Black Friday were record sales days and therefore sales should have climbed substantially.

     

    Up between 8-30% depending upon the source.

     

    Don't tell me it was just hype again?
    13 Dec 2011, 10:12 AM Reply Like
  • Tack
    , contributor
    Comments (16383) | Send Message
     
    CW:

     

    With the exception of a single month (May 2010) retail sales have increased every month since October 2009.
    13 Dec 2011, 10:24 AM Reply Like
  • Conventional Wisdumb
    , contributor
    Comments (1800) | Send Message
     
    Tack,

     

    Just pointing out the difference between hype and reality - that's it.

     

    Headlines from that time included:

     

    "Black Friday Online Retail Spending Up 24.3%"

     

    WSJ
    "Black Friday Sales Gains Strongest Since 2007"

     

    Like you punditry of the hype variety really bugs me.
    13 Dec 2011, 10:40 AM Reply Like
  • Impending
    , contributor
    Comments (2) | Send Message
     
    I believe it is because Cyber Monday and Black Friday are both in October.
    13 Dec 2011, 04:39 PM Reply Like
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